Not Everyone's Happy About Facebook Buying Oculus

David Konow, 26th March 2014

We recently reported that like Amazon, Mark Zuckerberg is interested is using drones as satellites to areas of the world without internet access. Now Facebook has bought the virtual reality company Oculus for $2 billion, and not everybody’s happy about it.

As Zuckerberg said in a statement, “Mobile is the platform of today, and now we’re also getting ready for the platforms of tomorrow. Oculus has the chance to create the most social platform ever, and change the way we work, play and communicate.”

As The Hollywood Reporter tells us, the deal was done for $400 million in cash, and 23.1 million shares of Facebook stock. Yet Adweek reports that fans of Oculus aren’t happy with this development, and Markus Persson, who developed the game Minecraft tweeted, “We were in talks about maybe brining a version of Miencraft to Oculus. I just cancelled that deal. Facebook creeps me out.” Another tweet scolded Oculus by saying, “Epic Betrayal. Don’t do this to us. You sold out.”

And of course, this isn’t the first company Facebook has bought out. They also paid a billion for Instagram, and sunk $19 billion into WhatsApp. Zuckerberg says that Instagram has grown to 200 million users since Facebook bout it, and WhatsApp could be up to a billion users soon.